New Well Outside Resource Encounters Extensive Mineralization During Drilling
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 07 2025
0mins
Should l Buy ?
Source: Yahoo Finance
New Mineralised Zone Discovered: Cygnus Metals has identified a new mineralised zone at the Chibougamau Copper-Gold Project, intersecting 28.9m at 2.5g/t AuEq just 200m from the surface, indicating strong potential for resource growth.
Ongoing Drilling Campaign: Follow-up drilling is set to commence next week to further explore this new zone and assess the down plunge continuation of the existing high-grade gold-dominant resource at Cedar Bay, which currently holds significant indicated and inferred resources.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
